Top UK Stocks to Watch: Card Factory shares drop despite strong recovery since reopening
Joshua Warner May 21, 2021 8:49 AM
Card Factory shares take a knock as it warns it will raise equity, Biffa shares pop as it buys Viridor’s waste collection business, Carnival prepares to restart cruises in the US, Japan approves AstraZeneca’s coronavirus vaccine, and Close Bros performs well as the UK economy reopens. Share:
Top News: Card Factory welcomes back customers and completes refinancing
Card Factory said trading has been ahead of its expectations and better than after it reopened after previous lockdowns since it started to welcome customers back to its stores across the UK and Ireland, and said it will be raising equity after refinancing its debt.
BT Group shares plunge as it releases annual results, Burberry’s dividend returns to pre-pandemic levels, Rolls Royce is still eyeing a recovery later this year, Balfour Beatty expects profits can bounce back, and Carnival is forced to cancel more cruises due to ongoing uncertainty.
Diageo says the global economy is recovering quicker than anticipated, UDG Healthcare shares jump following a takeover offer, Flutter’s IPO plans for FanDuel could be delayed, Coca-Cola HBC thanks sparkling and energy drinks for sales growth, and Compass Group beats expectations.
Boohoo benefits from the boom in online shopping, Croda considers selling its performance technologies and chemicals businesses, ITV sees a rebound in advertising, Direct Line says its well placed to recover, and Playtech signs a major deal with Holland Casino.
Top UK Stocks to Watch: Frasers Group shares hit six-year high on buyback
Joshua Warner May 4, 2021 8:58 AM
Frasers buys back shares ahead of its full-year results, AstraZeneca’s Farxiga drug gets approval to treat kidney disease in the US, Provident considers what to do with its troubled doorstep lending business, Unite and GIC extend their fruitful partnership, and Centamin hires help to hook Sukari up to solar. Share:
Top News: Frasers Group launches new share buyback
Frasers Group has launched a new share buyback programme that will see it buy up to £60 million worth of stock over the coming weeks, sending shares to their highest level in over six years.